TAKAFUL Brunei Keluarga Sdn Bhd (TBK) Islamic Financial Planning campaign launched on May 25, 2017 continues to spread the values and importance of Islamic Financial Planning throughout the nation.
Islamic Financial Planning is a process which helps individuals set and achieve their long term financial goals in accordance with the principles of Islam, through investments, tax planning, asset allocation, risk management, retirement planning and estate planning which are Syariah-compliant.
As TBK’s initiative is to give Bruneians a better understanding of financial literacy and financial management skills, they had conducted multiple visits, giving talks to schools, government and private offices as well as delivering informative materials such as videos, booklets and giving contents through their social media channels.
The facilitation of these services come at no cost whatsoever to the schools, universities, companies and government sector. The talks were given to create awareness on the importance to financial planning, which includes encouraging a saving culture to help set and achieve future financial goals and to avoid financial burden when the unexpected happens. TBK’s products provide assistance in these life planning stages and customers can consult through their Certified Islamic Financial Planners.
Around 50 schools had been visited in the period 2016-2017 combined, which includes both lower and higher education institutions. As a result, more than 11,000 students were covered in 2016 and almost 9,000 students since August 2017. Over 100 teachers were also covered in 2016 and 2017 combined. About 27 talks on financial literacy had been carried out by TBK to both government and private sectors during 2016-2017.